baccaratonlinebaccarist| AVIC Trust was fined 1 million yuan for failing to perform effective management duties and improperly handling trust affairs, resulting in losses to trust property

Financial front-line news on May 21baccaratonlinebaccarist, China Banking and Insurance Regulatory Commission Jiangxi Supervision Bureau's Administrative Penalty Information Disclosure Form No. 31 of 2021 shows thatbaccaratonlinebaccaristAVIC Trust Co., Ltd. was fined 1 million yuan by the Jiangxi Supervision Bureau of the China Banking and Insurance Regulatory Commission for failing to perform effective management duties and improperly handling trust affairs, resulting in losses to trust property;

China Banking and Insurance Regulatory Commission Jiangxi Supervision Bureau Administrative Penalty Information Disclosure Form No. 32 of 2021 and China Banking and Insurance Regulatory Commission Jiangxi Supervision Bureau Administrative Penalty Information Disclosure Form No. 33 of 2021 show that two relevant responsible persons were warned, and one of them was fined 50,000 yuan.